BT Group plc (LON:BT.A) has been assigned a GBX 425 ($5.30) target price by equities research analysts at HSBC Holdings plc in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the communications services company’s stock.
BT.A has been the topic of a number of other reports. Deutsche Bank AG reaffirmed a “sell” rating on shares of BT Group plc in a research report on Tuesday, January 3rd. Goldman Sachs Group, Inc. (The) set a GBX 490 ($6.12) target price on BT Group plc and gave the company a “buy” rating in a research note on Tuesday, January 10th. Societe Generale restated a “buy” rating and issued a GBX 500 ($6.24) target price on shares of BT Group plc in a research note on Wednesday, November 2nd. Haitong Bank restated a “buy” rating and issued a GBX 560 ($6.99) target price on shares of BT Group plc in a research note on Tuesday, December 13th. Finally, Sanford C. Bernstein set a GBX 465 ($5.80) target price on BT Group plc and gave the company a “buy” rating in a research note on Monday, January 9th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 447.24 ($5.58).
The company also recently disclosed a dividend, which will be paid on Monday, February 6th. Shareholders of record on Thursday, December 29th will be given a GBX 4.85 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, December 29th. This represents a yield of 1.28%.
In other news, insider Mike Inglis acquired 1,400 shares of the firm’s stock in a transaction on Wednesday, November 9th. The shares were purchased at an average cost of GBX 354 ($4.42) per share, for a total transaction of £4,956 ($6,184.95).
BT Group plc Company Profile